聚氨酯(PU)发泡抛光垫的印度市场评估:各表面类型,各用途,各尺寸,表面,各地区,机会,预测(2017年度~2031年度)
市场调查报告书
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1297138

聚氨酯(PU)发泡抛光垫的印度市场评估:各表面类型,各用途,各尺寸,表面,各地区,机会,预测(2017年度~2031年度)

India Polyurethane (PU) Foam Buffing and Polishing Pads Market Assessment, By Face Type, By Application, By Size, By sides, By Region, Opportunities and Forecast, FY2017-FY2031

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 82 Pages | 商品交期: 3-5个工作天内

价格

印度的聚氨酯(PU)发泡抛光垫的市场规模将从2023年度的3,057万美元2031年度达到5,481万美元,以年复合成长率7.57%的速度成长。推动印度 PU 抛光和抛光垫需求不断增长的主要因素之一是保护涂层、陶瓷涂层和细节服务在各个行业中越来越受欢迎,尤其是在汽车行业。

本报告提供印度的聚氨酯(PU)发泡抛光垫市场相关调查分析,提供市场规模与预测,市场动态,主要企业的形势及预测等资讯。

目录

第1章 调查手法

第2章 计划的范围和定义

第3章 印度的聚氨酯(PU)发泡抛光垫市场上COVID-19的影响

第4章 俄罗斯·乌克兰战争的影响

第5章 摘要整理

第6章 客户的迴响

  • 市场认知度与产品资讯
  • 品牌知名度和忠诚度
  • 在购买决策中的考虑要素
  • 购买频率
  • 购买媒体

第7章 印度的聚氨酯(PU)发泡抛光垫市场预测(2017年度~2031年度)

  • 市场规模与预测
    • 金额
    • 数量
  • 各表面类型
    • 光滑
    • Waffle
    • 其他
  • 各尺寸(直径)
    • 不满100mm
    • 100mm~150mm
    • 150mm多
  • 表面
    • 一面
    • 两面
  • 各用途
    • 汽车
    • 製造
    • 运输
    • 其他
  • 各地区
    • 北部
    • 东部
    • 西部·中部
    • 南部
  • 市场占有率:各企业(2023年度)

第8章 市场製图(2023年度)

  • 各表面类型
  • 各尺寸(直径)
  • 表面
  • 各流通管道
  • 各用途
  • 各地区

第9章 宏观环境和产业结构

  • 供需的分析
  • 进出口的分析 - 数量和金额
  • 支援/价值链分析
  • PESTEL分析
  • 波特的五力分析

第10章 市场动态

  • 成长促进因素
  • 阻碍成长的要素(课题,阻碍因素)

第11章 主要企业形势

  • 前五大市场领导者公司的竞争矩阵
  • 前五大市场领导者公司的市场收益分析(2023年度)
  • 合併和收购/合资企业(如果符合)
  • SWOT分析(5大市场参与企业)
  • 如果专利分析(相符合)

第12章 价格分析

第13章 案例研究

第14章 主要企业预测

  • 3M Company
  • Saint-Gobain Ceramics & Plastics, Inc.
  • JPT Tools, Inc.
  • More SuperHard Products Co., Ltd
  • Reflection Auto Care
  • Maple Car Care Private Limited
  • Falcons Garage Solutions Private Limited
  • Autokrom India Private Limited
  • Klindex India Technologies Pvt. Ltd.
  • Shinemate India.Co

第15章 策略性推荐事项

第16章 关于本公司·免责声明

Product Code: MX10134

The India Polyurethane (PU) Foam Buffing and Polishing Pads Market has witnessed substantial growth in recent years, and it is expected to continue its upward trajectory in the forecast period from FY2024 to FY2031. The market size was valued at USD 30.57 million in FY2023 and is projected to reach USD 54.81 million by FY2031, with a CAGR of 7.57%. One of the key drivers behind the increased demand for PU buffing and polishing pads in India is the growing popularity of protective coatings, ceramic coatings, and detailing services across diverse industries, particularly in the automotive sector. Customers and businesses alike are placing a higher priority on surface protection to enhance the longevity and preserve the aesthetics of their assets. As a result, the demand for PU buffing and polishing pads, which play a crucial role in achieving the desired surface finish by eliminating scratches, swirl marks, and surface flaws, is expected to rise significantly in the India market.

Furthermore, India is making significant investments in infrastructure development, including the construction of roads, motorways, trains, and urban infrastructure. These infrastructure projects necessitate surface preparation and finishing, which drive the demand for buffing and polishing pads in the construction industry. As a result, the market for PU foam buffing and polishing pads is experiencing heightened demand due to these ongoing infrastructure initiatives.

Hence, the India PU foam buffing and polishing pads market is poised for significant growth in the coming years, driven by the emphasis on surface maintenance and protection, infrastructure development projects, and the evolving customer preferences. The market's expansion is expected to be fueled by the increasing demand for PU buffing and polishing pads across diverse industries, further establishing their importance in maintaining the longevity and aesthetics of various assets.

Eco-friendly solution

In line with the global trend, both businesses and consumers in the India market have been actively seeking sustainable and eco-friendly solutions, including in the PU foam buffing and polishing pads segment. PU pads offer distinct advantages in terms of their environmental impact, making them a preferable choice despite their higher price range. One significant advantage of PU pads is their biodegradability and recyclability. Compared to pads made from other polymers, PU pads have a lower environmental footprint as they can break down naturally over time and can be recycled more easily. This aligns with the increasing emphasis on sustainable practices and the desire to minimize waste and environmental harm.

Furthermore, recent developments in the manufacturing of PU foams using soybean and corn have further enhanced the sustainability aspect of PU buffing and polishing pads. The utilization of these renewable resources reduces dependency on fossil fuels and non-renewable raw materials, contributing to a greener and more sustainable product. This development has resonated well with environmentally conscious consumers and businesses that prioritize sustainable choices.

Strong government policies and subsidies for green products in India further improves the growth chances of PU pads in India. As the MoEFCC (Ministry of Environment, Forest and Climate change) is promoting projects to move the country towards a circular economy further strengthening the prospects of PU pads in the India market.

Overall, the shift towards sustainable and eco-friendly practices in the India market has significantly impacted the demand for PU foam buffing and polishing pads. The biodegradability, recyclability, and innovative manufacturing methods using renewable resources have made PU pads stand out as a more environmentally conscious choice. As sustainability continues to be a driving force in the market, the demand for PU pads is expected to further increase in India.

Rapidly Growing Automotive Industry

The automotive sector in India is experiencing substantial growth driven by various factors, such as rising disposable income, rapid urbanization, and government initiatives to promote domestic manufacturing and electric vehicles (EVs). These factors have a direct impact on the manufacturing of vehicles, leading to an increased demand for surface finishing and maintenance products like PU pads. Firstly, the rising mean disposable income in India has resulted in an increased purchasing power among consumers. As a result, there is a growing demand for automobiles, including both conventional and electric vehicles. With more vehicles being manufactured and purchased, the need for surface finishing and maintenance products becomes essential. PU pads play a crucial role in achieving the desired surface finish, eliminating imperfections, and preserving the aesthetic appeal of vehicles.

Additionally, the high rate of urbanization in India has contributed to the growth of the automotive sector. As more people move to urban areas, there is an increased demand for personal transportation, leading to a surge in the production of vehicles. Urban areas often require regular maintenance to keep vehicles in optimal condition, which includes surface buffing and polishing. PU pads are widely used in the automotive industry to ensure a flawless surface finish, enhancing the overall appearance of vehicles. India passenger vehicle sales witnessed a rise of 12.9% during April 2023 on a year-on-year basis. The rise in sales is similar throughout the entire first quarter of 2023 in India, abetting the growing demand for automotives in the India market, thereby supporting the India PU foam buffing and polishing pads market.

Rising Awareness of Surface Protection

The increasing awareness of surface protection in India can be attributed to various factors such as rising disposable incomes, shifting customer preferences, and the desire for longer asset lifespan and aesthetic appeal. Customers are willing to invest in products and services that can help maintain and protect the surfaces of their assets. Buffing and polishing pads, with their ability to deliver superior surface finishes by eliminating imperfections, scratches, and swirl marks, have become essential tools in achieving this goal.

The importance of Surface protection has extended beyond automotive sector in the India market, as the need to increase longevity in various industries has become vital. Growing Technological advancements and improved awareness of the benefits of surface protection in several electronic equipment's, Industrial equipment's have led business in investing in surface treatment processes.

Almost every surface treatment involves buffing and polishing pads, which in turn have resulted in rising popularity and increasing demand of PU pads in the India market.

Growing Furniture and Woodworking Industry

Similar to the automotive industry, the woodworking and furniture industries in the India market are driven by the factors like increase in disposable income, changing lifestyles and growing urban population in India. Along with these factors, the rise in high quality surface finishes raises the demand of PU pads in the India market.

The Jump in exports of India furniture in the past five years has further contributed to the hike in requirements of PU pads. As the export quality is usually high polished and visually appealing driving up the usage of buffing and polishing pads in the India market.

Impact of COVID-19

India depends on China for more than 30% of their Polyurethane (PU), the Impact of Covid in China was severe and Chinese government-imposed shutdowns and restriction on their country for a longer time period compared to any other country. The longer shutdowns limited the trading of PU from China to India, impacting to the manufacturing cost of PU pads in India.

The tight availability of key upstream and feedstock components like benzene, MDI, TDI caused by disrupted supply chain due to trade restrictions and limitations caused by COVID-19 further worsened the market situation of PU pads in the India market.

Impact of Russia-Ukraine War

The impact of the Russia-Ukraine War in the India market was majorly visible on the upstream of PU pads markets. The fluctuating crude oil prices owing to the conflict in the east European region drove the manufacturing cost of the PU pads accordingly. Historically, India is not dependent on Russian crude supply. However, due to the sanctions on Russian imports by several European countries, India procured Crude from Russia at a discounted rate, easing the manufacturing cost in India to a certain level.

The volatile nature of the crude prices caused by the conflict in the East European region led to several fluctuations in the production scenario of PU pads in India affecting the manufacturers and consumers alike.

Key Players Landscape and Outlook

Companies operating in the PU foam buffing and polishing pads market are introducing new lines of products specifically designed for use with rotary and orbital polishers. Rotary and orbital polishers offer distinct advantages in terms of their motion and polishing techniques. By developing PU polish pads tailored for these types of polishers, companies aim to optimize performance and enhance the polishing process. These pads may be designed to maximize contact with the surface, improve cutting and polishing capabilities, and deliver more consistent results.

Klindex India Technologies Pvt. Ltd. has launched a new line of PU polish pads that are designed for use with rotary and orbital polishers. The new pads are available in a variety of shapes and sizes, and they are made from high-quality materials that provide a smooth, even finish.

Table of Contents

1. Research Methodology

2. Project Scope & Definitions

3. Impact of COVID-19 on the India PU Foam Buffing and Polishing Pads Market

4. Impact of Russia-Ukraine War

5. Executive Summary

6. Voice of Customer

  • 6.1. Market Awareness and Product Information
  • 6.2. Brand Awareness and Loyalty
  • 6.3. Factors Considered in Purchase Decision
    • 6.3.1. Brand Name
    • 6.3.2. Quality/Grade
    • 6.3.3. Pricing
    • 6.3.4. Quantity
    • 6.3.5. Price
    • 6.3.6. Product Specification
    • 6.3.7. Ease of Use
    • 6.3.8. Packaging/Supply Form
  • 6.4. Frequency of Purchase
  • 6.5. Medium of Purchase

7. India PU Foam Buffing and Polishing Pads Market Outlook, FY2017-FY2031

  • 7.1. Market Size & Forecast
    • 7.1.1. By Value
    • 7.1.2. By Volume
  • 7.2. By Face Style
    • 7.2.1. Smooth
      • 7.2.1.1. Buffing Pad
      • 7.2.1.2. Polishing Pad
    • 7.2.2. Waffle
      • 7.2.2.1. Buffing Pad
      • 7.2.2.2. Polishing Pad
    • 7.2.3. Others
  • 7.3. By Size (Diameter)
    • 7.3.1. Less than 100 mm
    • 7.3.2. 100 mm to 150 mm
    • 7.3.3. More than 150 mm
  • 7.4. By Sides
    • 7.4.1. One Sided
    • 7.4.2. Two Sided
  • 7.5. By Application
    • 7.5.1. Automotive
    • 7.5.2. Manufacturing
    • 7.5.3. Transportation
    • 7.5.4. Others
  • 7.6. By Region
    • 7.6.1. North
    • 7.6.2. East
    • 7.6.3. West and Central
    • 7.6.4. South
  • 7.7. By Company Market Share (%), FY2023

8. Market Mapping, FY2023

  • 8.1. By Face Style
  • 8.2. By Size (Diameter)
  • 8.3. By Sides
  • 8.4. By Distribution Channel
  • 8.5. By Application
  • 8.6. By Region

9. Macro Environment and Industry Structure

  • 9.1. Supply Demand Analysis
  • 9.2. Import Export Analysis - Volume and Value
  • 9.3. Supply/Value Chain Analysis
  • 9.4. PESTEL Analysis
    • 9.4.1. Political Factors
    • 9.4.2. Economic System
    • 9.4.3. Social Implications
    • 9.4.4. Technological Advancements
    • 9.4.5. Environmental Impacts
    • 9.4.6. Legal Compliances and Regulatory Policies (Statutory Bodies Included)
  • 9.5. Porter's Five Forces Analysis
    • 9.5.1. Supplier Power
    • 9.5.2. Buyer Power
    • 9.5.3. Substitution Threat
    • 9.5.4. Threat from New Entrant
    • 9.5.5. Competitive Rivalry

10. Market Dynamics

  • 10.1. Growth Drivers
  • 10.2. Growth Inhibitors (Challenges, Restraints)

11. Key Players Landscape

  • 11.1. Competition Matrix of Top Five Market Leaders
  • 11.2. Market Revenue Analysis of Top Five Market Leaders (in %, FY2023)
  • 11.3. Mergers and Acquisitions/Joint Ventures (If Applicable)
  • 11.4. SWOT Analysis (For Five Market Players)
  • 11.5. Patent Analysis (If Applicable)

12. Pricing Analysis

13. Case Studies

14. Key Players Outlook

  • 14.1. 3M Company
    • 14.1.1. Company Details
    • 14.1.2. Key Management Personnel
    • 14.1.3. Products & Services
    • 14.1.4. Financials (As reported)
    • 14.1.5. Key Market Focus & Geographical Presence
    • 14.1.6. Recent Developments
  • 14.2. Saint-Gobain Ceramics & Plastics, Inc.
  • 14.3. JPT Tools, Inc.
  • 14.4. More SuperHard Products Co., Ltd
  • 14.5. Reflection Auto Care
  • 14.6. Maple Car Care Private Limited
  • 14.7. Falcons Garage Solutions Private Limited
  • 14.8. Autokrom India Private Limited
  • 14.9. Klindex India Technologies Pvt. Ltd.
  • 14.10. Shinemate India.Co

15. *Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work

16. Strategic Recommendations

17. About Us & Disclaimer

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. India PU Foam Buffing and Polishing Pads Market, By Value, in USD Million, FY2017-FY2031F
  • Figure 2. India PU Foam Buffing and Polishing Pads Market, By Volume, in Unit Thousand, FY2017-FY2031F
  • Figure 3. India PU Foam Buffing and Polishing Pads Market Share, By Face Style, in USD Million, FY2017-FY2031F
  • Figure 4. India PU Foam Buffing and Polishing Pads Market Share, By Size (Diameter), in USD Million, FY2017-FY2031F
  • Figure 5. India PU Foam Buffing and Polishing Pads Market Share, By Sides, in USD Million, FY2017-FY2031F
  • Figure 6. India PU Foam Buffing and Polishing Pads Market Share, By Application, in USD Million, FY2017-FY2031F
  • Figure 7. India PU Foam Buffing and Polishing Pads Market Share, By Region, in USD Million, FY2017-FY2031F
  • Figure 8. By Face Style Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 9. By Size (Diameter) Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 10. By Sides Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 11. By Application Map-Market Size (USD Million) & Growth Rate (%), FY2023
  • Figure 12. By Region Map-Market Size (USD Million) & Growth Rate (%), FY2023